For the quarter ending 2025-09-30, FFWM has $11,910,044K in assets. $10,992,133K in debts. $1,726,969K in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 1,726,969 | 1,055,614 | ||
| Deferred taxes | - | 87,006 | ||
| Securities available-for-sale ('afs'), at fair value (amortized cost of 1,556,876 and 1,335,225 at september 30, 2025 and december 31, 2024 respectively net of allowance for credit losses of 634 and 4,134 at september 30, 2025 and december 31, 2024 respectively) | 1,555,139 | 1,469,122 | ||
| Securities held-to-maturity ('htm') (fair value of 597,294 and 636,840 at september 30, 2025 and december 31, 2024, respectively) | 647,619 | 663,807 | ||
| Loans held for sale ('lhfs') | 467,277 | 476,727 | ||
| Loans held for investment | 7,302,415 | 7,548,323 | ||
| Less allowance for credit losses | 101,913 | 37,560 | ||
| Total loans held for investment, net | 7,200,502 | 7,510,763 | ||
| Investment in federal home loan bank ('fhlb') stock | 43,616 | 50,077 | ||
| Accrued interest receivable | 45,103 | 50,538 | ||
| Premises and equipment, net | 35,420 | 35,890 | ||
| Real estate owned ('reo') | 6,210 | 6,210 | ||
| Bank owned life insurance | 51,044 | 50,686 | ||
| Core deposit intangibles | 2,672 | 2,947 | ||
| Other assets | 128,473 | 128,975 | ||
| Total assets | 11,910,044 | 11,588,362 | ||
| Deposits | 9,293,071 | 8,593,693 | ||
| Borrowings | 1,422,063 | 1,669,315 | ||
| Subordinated debt | 173,506 | 173,490 | ||
| Derivative liabilities | 9,081 | 8,689 | ||
| Accounts payable and other liabilities | 94,412 | 92,549 | ||
| Total liabilities | 10,992,133 | 10,537,736 | ||
| Preferred stock, 0.001 par value, 29,521 shares issued and outstanding at september 30, 2025 and 29,811 shares issued and outstanding at december 31, 2024 | 86,797 | 87,649 | ||
| Common stock, 0.001 par value 200,000,000 shares authorized at september 30, 2025 and december 31, 2024 82,679,097 shares and 82,365,388 shares issued and outstanding, respectively | 83 | 82 | ||
| Additional paid-in-capital | 854,880 | 852,982 | ||
| Retained (deficit) earnings | -22,079 | 124,244 | ||
| Accumulated other comprehensive loss | -1,770 | -14,331 | ||
| Total shareholders' equity | 917,911 | 1,050,626 | ||
| Total liabilities and shareholders' equity | 11,910,044 | 11,588,362 | ||
First Foundation Inc. (FFWM)
First Foundation Inc. (FFWM)